Analysts Set Flutter Entertainment plc (LON:FLTR) PT at £197.22

Flutter Entertainment plc (LON:FLTR) has been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is £197.22 ($249.46).

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Flutter Entertainment from £171.54 ($216.97) to £175.89 ($222.48) and gave the stock a “buy” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. cut their price objective on Flutter Entertainment from £213 ($269.42) to £207 ($261.83) and set an “overweight” rating for the company in a report on Wednesday, June 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a £220 ($278.27) price objective on shares of Flutter Entertainment in a report on Tuesday, May 28th.

Flutter Entertainment Stock Up 1.8 %

Flutter Entertainment stock opened at £152.20 ($192.51) on Monday. The firm has a market cap of £27.02 billion, a price-to-earnings ratio of -2,606.16, a PEG ratio of 1.76 and a beta of 0.87. The stock has a fifty day simple moving average of £151.79 and a two-hundred day simple moving average of £154.63. Flutter Entertainment has a 12 month low of £120.20 ($152.04) and a 12 month high of £179.80 ($227.42). The company has a current ratio of 0.84, a quick ratio of 0.70 and a debt-to-equity ratio of 65.79.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.